Hypothecate
[hai'pɒθikeit]
Definition
(v. t.) To subject, as property, to liability for a debt or engagement without delivery of possession or transfer of title; to pledge without delivery of possession; to mortgage, as ships, or other personal property; to make a contract by bottomry. See Hypothecation, Bottomry.
Checked by Emil
Synonyms and Synonymous
v. a. Pledge (as ship, freight, cargo, &c., without delivery), mortgage.
Typed by Harley